I see we may have a language and communication problem. I am being legalistic when I say the check is not tangible. Remember I said some intangible property can be mutated. So maybe I and the other expert missed the exact point of your question.
When we are legalistic the check is not tangible property, neither are bank deposits.
However when the check is cashed, the cash is tangible. I do not expect you to understand these nuances.
Your botXXXXX XXXXXne is that you need to know if there is a gift tax reporting requirement on the money, is that not correct?
The answer is yes, because it is a U.S. bank. The article I provided discusses these issues in detail.
So you want a reference. To me a reference comes in the form of:
Internal revenue Code
Private Letter Rulings by the IRS
IRS general Council rulings or memorandums explaining the IRS position.
I understand fully the tax issue related to gifting from Non-residents to residents. I can discuss them freely;
The issue is you are demanding evidence to support my statements and statements which I have spent years accumulating as part of my every day practice. That takes time, because now i need to search out those rulings and memorandums which add clarity to the Internal REvenue code.
Is this a classroom assignment or a real situation?